Crude oil prices climbed above $111 per barrel on Tuesday as escalating tensions in the Middle East heightened concerns over global energy supplies. Brent crude oil,...
Crude oil prices fell nearly 2% on Monday as the United States moved to ease sanctions on Russia, raising expectations of additional fuel supplies in the...
The Federal Government has commenced the development of 17.7 megawatts of interconnected mini-grid projects in Oyo State, targeting lower generator dependence, reduced operating costs and more...
Nigeria’s cocoa export industry faces growing uncertainty ahead of new European Union deforestation requirements with the Lagos Chamber of Commerce and Industry (LCCI) warning that more...
Nigeria’s recovery in crude oil production could represent approximately $95 million in additional monthly oil value at elevated international prices, following an increase of about 30,000...
Crude oil prices declined on Tuesday as expectations of additional Russian fuel supplies eased pressure on global energy markets. Brent crude oil, the international benchmark for...
Crude oil prices recovered on Monday as renewed attacks in the Middle East heightened concerns over global energy supplies, offsetting expectations that additional Russian fuel exports...
Nigeria’s proposed N1,350-per-litre petrol cost ceiling could transfer part of the financial burden of rising international fuel prices to domestic refiners and petroleum importers, raising questions...
The Nigerian National Petroleum Company Limited (NNPC) has agreed to suspend its profit margin on retail petrol sales for 30 days as the Federal Government introduces...
Oil prices declined on Friday as easing fears of an immediate United States military attack on Iran reduced the geopolitical risk premium in crude markets, reversing...